RenaissanceRe Holdings Ltd. (NYSE: RNR) is sharply higher Monday (+4%) following news late Friday that the company was sleeted to replace Lender Processing Services Inc. (NYSE: LPS) in the S&P MidCap 400 after the close of trading on Thursday, January 2.

S&P MidCap 400 constituent Fidelity National Financial Inc. (NYSE: FNF) is acquiring Lender Processing Services in a deal expected to be completed on or about that date pending final approvals.